Woodfin, NC

Census Place

2024 Population

8,048

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2024 Median Age

42.4

3.42% 1-year decrease

2024 Poverty Rate

14.1%

7.85% 1-year increase

2024 Median Household Income

$71,384

13.7% 1-year growth

2024 Median Property Value

$366,700

Population & Diversity

Woodfin, NC is home to a population of 8.05k people, from which 93.8% are citizens.

As of 2024, 11.3% of Woodfin, NC residents were born outside of the country (906 people).

In 2024, there were 13.6 times more White (Non-Hispanic) residents (6.13k people) in Woodfin, NC than any other race or ethnicity. There were 451 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 445 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

93.8%

2024 Citizenship

95.7%

2023 Citizenship

As of 2024, 93.8% of Woodfin, NC residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Woodfin, NC was 95.7%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Woodfin, NC compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Woodfin, NC

White (Non-Hispanic)
6.13k ± 459
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
451 ± 290
Asian (Non-Hispanic)
445 ± 264

8.59%

Hispanic Population

691 people

8.59% of the people in Woodfin, NC are hispanic (691 people).

The following chart shows the 8 races represented in Woodfin, NC as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for North Carolina.

Most Common Origin

Mexico
228,441 ± 11,609 people
India
90,815 ± 7,367 people
Honduras
52,061 ± 5,588 people

In 2024, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 228,441 North Carolina residents, followed by India with 90,815 and Honduras with 52,061.

Foreign-Born Population

11.3%

2024 Foreign-Born Population

906 people

10.6%

2023 Foreign-Born Population

840 people

As of 2024, 11.3% of Woodfin, NC residents (906 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Woodfin, NC was 10.6%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Woodfin, NC compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
102 ± 104
Korea
71 ± 78
Gulf War (2001-)
64 ± 53

Woodfin, NC has a large population of military personnel who served in Gulf War (1990s), 1.44 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Woodfin, NC.

Economy

The economy of Woodfin, NC employs 3.92k people. In 2024, the largest industries in Woodfin, NC were Accommodation & Food Services (722 people), Health Care & Social Assistance (592 people), and Manufacturing (530 people), and the highest paying industries were Agriculture, Forestry, Fishing & Hunting, & Mining ($87,143), Agriculture, Forestry, Fishing & Hunting ($68,594), and Finance & Insurance ($65,673).

Employment

Occupations

3.92k

2024 Value

± 555

0.256%

1 Year growth

± 20.5%

From 2023 to 2024, employment in Woodfin, NC grew at a rate of 0.256%, from 3.91k employees to 3.92k employees.

The most common job groups, by number of people living in Woodfin, NC, are Management Occupations (587 people), Food Preparation & Serving Related Occupations (456 people), and Office & Administrative Support Occupations (429 people). This chart illustrates the share breakdown of the primary jobs held by residents of Woodfin, NC.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for North Carolina.

This chart shows weekly unemployment insurance claims in North Carolina (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

3.92k

2024 Value

± 555

0.256%

1 Year growth

± 20.5%

From 2023 to 2024, employment in Woodfin, NC grew at a rate of 0.256%, from 3.91k employees to 3.92k employees.

The most common employment sectors for those who live in Woodfin, NC, are Accommodation & Food Services (722 people), Health Care & Social Assistance (592 people), and Manufacturing (530 people). This chart shows the share breakdown of the primary industries for residents of Woodfin, NC, though some of these residents may live in Woodfin, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$42,012

Median earning men ± $10,228

$35,094

Median earning women ± $12,196

The industries with the best median earnings for men in 2024 are Agriculture, Forestry, Fishing & Hunting, & Mining ($207,708), Educational Services, & Health Care & Social Assistance ($65,295), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($65,029).

The industries with the best median earnings for women in 2024 are Other Services Except Public Administration ($85,688), Finance & Insurance, & Real Estate & Rental & Leasing ($65,511), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($61,250).

Housing & Living

The median property value in Woodfin, NC was $366,700 in 2024, which is 1.1 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $326,600 to $366,700, a 12.3% increase. The homeownership rate in Woodfin, NC is 53.7%, which is lower than the national average of 65.2%.

People in Woodfin, NC have an average commute time of 22.8 minutes, and they drove alone to work. Car ownership in Woodfin, NC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$366,700

Median Property Value 2024

±$39,174

$1,599

Median Property Taxes

±$273

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Woodfin, NC the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Woodfin, NC compared to it's parent and neighbor geographies.

Rent vs Own

53.7%

Homeownership

2024

69.8%

Homeowners with Mortgage

2024

In 2024, 53.7% of the housing units in Woodfin, NC were occupied by their owner. This percentage grew from the previous year's rate of 52.7%.

This chart shows the percentage of owner in Woodfin, NC compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$71,384

Median Household Income

± $11,820

2.98k

Number of Households

± 391

In 2024, the median household income of the 2.98k households in Woodfin, NC grew to $71,384 from the previous year's value of $62,759.

The following chart displays the households in Woodfin, NC distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Woodfin, NC is from North Carolina.

0.466

2024 Wage GINI in North Carolina

0.467

2023 Wage GINI in North Carolina

In 2024, the income inequality in North Carolina was 0.466 according to the GINI calculation of the wage distribution. Income inequality had a 0.16% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.474. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

This chart shows the number of workers in North Carolina across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (75.7%)
Worked At Home (19.1%)
Carpooled (4.48%)

In 2024, 75.7% of workers in Woodfin, NC drove alone to work, followed by those who worked at home (19.1%) and those who carpooled to work (4.48%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

22.8 minutes

Average Travel Time

Using averages, employees in Woodfin, NC have a shorter commute time (22.8 minutes) than the normal US worker (26.4 minutes). Additionally, 0.316% of the workforce in Woodfin, NC have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Woodfin, NC compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Woodfin, NC distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Woodfin, NC have 2 cars.

Poverty

Poverty & Diversity

14.1% of the population for whom poverty status is determined in Woodfin, NC (1.04k out of 7.4k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 25 - 34, followed by Females 6 - 11 and then Males 18 - 24.

The most common racial or ethnic group living below the poverty line in Woodfin, NC is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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